Office retailer Office Depot plans to close its Ann Arbor store, five months after the company merged with rival chain OfficeMax.

The store, located in the Cranbrook Village Shopping Center on Eisenhower Parkway, has signs posted on the doors that read, “We’re Closing. Visit us one mile away in Oak Valley Center.”

There is an OfficeMax store on Oak Valley Drive in Pittsfield Township, one mile from the Office Depot store that is slated to close.Lizzy Alfs | The Ann Arbor News

An official closing date was not immediately available from the company.

“We were informed some time ago, without a specific time, that the store would no longer fit into (the company’s) plan,” said Tom Goldberg, an Oakland County developer and owner of the Cranbrook Village shopping center.

Office Depot closed in November on a $976 million deal to purchase smaller office retail chain OfficeMax, with a goal of cutting costs and consolidating stores to fight market competition. The combined company, which uses the name Office Depot, Inc., reported a fourth quarter loss of $144 million.

There is an OfficeMax store at 2777 Oak Valley Drive in Pittsfield Township and 3765 Washtenaw Ave. in Ann Arbor.

Goldberg said he is in the process of remarketing the 20,000-square-foot Office Depot space for lease.

“It might go as a new box tenant, it could be subdivided, it could be demolished,” he said. “There are a lot of different possibilities for it. Right now, we’re early on in the process.”

He added: “It’s a great location, in a great center and we’re very confident it will get remerchandised to something that’s compatible with that project.”

Other tenants in the center include Whole Foods Market, REI and Pier 1 Imports, among others. Old Carolina Barbecue Company opened last week in the center’s outlot building.

Lizzy Alfs is a business reporter for The Ann Arbor News. Reach her at 734-623-2584, email her lizzyalfs@mlive.com or follow her on Twitter.